Monday, May 14, 2018

MCX CRUDE OIL (MAY) @ 4793

Weekly Basis: - This counter continue showing up move from few days due to positive chart breakout as well as some positive global news. Still according to this news we will see more up move in future till next $80 soon. Positional traders can wait for our major support level of 4640 around here they will find buying opportunity for positional. This week it can take resistance from 4950. Sanction against Iran by USA, continue positive side for Crude. 

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